Shyp comes out of private beta to deliver fuss-free posting and packaging service in San Francisco

By VCPOST Staff Reporter

Mar 27, 2014 08:47 AM EDT

After being in private beta for several months, startup Shyp has launched in San Francisco to make packaging and shipping easier. Customers can have their item picked up and shipped off after just a few clicks on their phone, according to VentureBeat.

Co-founder and chief executive officer (CEO) Kevin Gibbon said: "The shipping industry hasn't seen any innovation for decades. We've been surprised by the predictable and steady ramp-up in demand."

The Shyp iOS app enables customers to send the company a photo of the item to be shipped, including the address and type of service for the item. A worker then picks it up to be packed and sent off to its destination. The startup gives the customer a choice among the most affordable and reliable shipping companies that will send the package. Shyp makes $5 for every pickup transaction in the San Francisco area. Most of its customers are business offices, and 30% are mostly e-commerce individual merchants, the report detailed.

To date, Shyp has raised a total capital of $2.1 million. Sherpa Ventures, Homebrew Ventures, and Tim Ferris are among the startup's most notable investors, VentureBeat reported.

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